Regulation 33 Amendment of the Real Estate Investment Trusts (Assessment and Recovery of Tax) Regulations 2006I1

The Real Estate Investment Trusts (Assessment and Recovery of Tax) Regulations 2006^f1 are amended as follows.

In regulation 7 (gross payment of distributions) after paragraph (2) insert—

“(2A)

But paragraph (2) does not apply to a Tax Elected Fund.

(2B)

In paragraph (2A) “Tax Elected Fund” has the meaning given by regulation 69Z42(2) of the Authorised Investment Funds (Tax) Regulations 2006.”.